Project44

Chicago, United States Founded: 2014 • Age: 12 yrs
Cloud-based solutions for cargo and supply chain visibility are provided.
Annual revenue - Latest available
Total funding $923.0M 9 rounds
Employees - Tracked headcount
Investors 20 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Project44

Project44 is a company based in Chicago (United States) founded in 2014 by Jett Mccandless. Project44 has raised $923 million across 9 funding rounds from investors including Goldman Sachs, SVB and CMA CGM. Project44 has completed 4 acquisitions, including Clear Metal, Ocean Insights and Synfioo. Project44 operates in a competitive market with competitors including FourKites, Shippeo, ORBCOMM, Roambee and Blume Global, among others.

  • Headquarter Chicago, United States
  • Founders Jett Mccandless
  • Stage Unicorn
  • Sectors
    Industrial Goods & Manufacturing
    Transportation, Automotive & Logistics Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Project44 Software Services Private Limited
  • Date of Incorporation 16 Mar, 2023
  • Jurisdiction Bangalore North, Karnataka, India
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $923 M (USD)

    in 9 rounds

  • Latest Funding Round
    $80 M (USD), Series G

    Nov 03, 2022

  • Investors
    Goldman Sachs

    & 19 more

  • Employee Count
    Not available
  • Investments & Acquisitions
    Clear Metal

    & 3 more

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People of Project44

Headcount 500-1000
Employee Profiles 142
Employee Profiles
People
Jett McCandless
CEO & Founder
People
Partha Ramachandran
Chief Technology Officer
People
Hosai I.
Senior Manager, Finance & Strategy
People
Weronika Trzaska
Manager, Fp&a

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Funding Insights of Project44

Project44 has successfully raised a total of $923M across 9 strategic funding rounds. The most recent funding activity was a Series G round of $80 million completed in November 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Project44

Project44 has secured backing from 20 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, SVB and CMA CGM.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity firm focused on sustainable investments
Locked Locked Locked
Fund of funds focused on pre-seed and seed-stage companies
Locked Locked Locked
Tech focused Early and growth stage VC firm investing in the US
Locked Locked Locked
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Investor details for Project44

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Project44

Project44 has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Clear Metal, Ocean Insights and Synfioo.

Investments
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Investment portfolio details for Project44

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
AI and web-enabled analytics platforms are provided for container shipping.
Locked Locked 2015 Locked
Cloud-driven supply chain visibility solutions are provided.
Locked Locked 2015 Locked
AI-based shipping management solutions are provided for retailers.
Locked Locked 2013 Locked
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Complete acquisition details for Project44

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  • Transaction dates
  • Acquired stakes
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  • Domains and locations

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Financial Statements - Project44

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Detailed financials for Project44

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  • Profit trends
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Project44 Comparisons

Project44 Primary company
Description
Cloud-based solutions for cargo and supply chain visibility ...
Location
Chicago, United States
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Project44

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  • Headcount comparison
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Competitors of Project44

Project44 operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FourKites, Shippeo, ORBCOMM, Roambee and Blume Global, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
AI and web-based visibility solutions for supply chains are developed.
Locked Locked Locked
SaaS-based road freight transportation management platform for carriers and shippers
Locked Locked Locked
M2M communication solutions for asset tracking and management are provided.
Locked Locked Locked
AI-enabled solutions for shipment monitoring and tracking are provided.
Locked Locked Locked
Cloud-based supply chain visibility solutions are provided for logistics stakeholders.
Locked Locked Locked
Provider of cloud-based cargo tracking solutions
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Detailed competitors of Project44

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  • Domains and locations
  • Full company profiles
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Latest news on Project44

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Complete news archive for Project44

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  • Source and publication date
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Frequently Asked Questions about Project44

Project44 was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Project44 is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Jett Mccandless is the current CEO of Project44. They have also founded this company.

Project44 is a funded company, having raised a total of $923M across 9 funding rounds to date.

Founded in 2014 and based in Chicago, United States, Project44 operates in the logistics sector. Cloud-based platforms are offered to integrate transport management systems, connecting shippers and third-party logistics providers with carriers. Services include automated dispatch requests, shipment tracking, carrier rate quotes, and image retrieval. Visibility tools such as workflow automation and dynamic rating are available for industries including retail, manufacturing, life sciences, food and beverage, and consumer goods.

Project44's top competitors include FourKites, ORBCOMM and TrusTrace.

Project44 has made 4 acquisitions, including Clear Metal, Ocean Insights, and Synfioo.

Project44 has 20 investors. Key investors include Goldman Sachs, SVB, CMA CGM, TPG, and Thoma Bravo.

The valuation of Project44 is $2.7B as of Nov 2022.

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